Caldwell Place - Fully Occupied Office Investment
$875,000
500 E Fort King St, Ocala, FL 34471
5,112 sqft
Building Size
0.38 acres
Lot Area
Details:
Highlights:
- 5112sf Rentable 4-tenant office building For Sale
- $56,501 Net Operating Income
- 4732sf Usable per Leases
- 100% occupied with stable income on Gross Lease structures
- Parcel 2820-013-001, Zoned RO
- Easily walkable to Downtown Ocala in NW corner of Ocala Historic District
- Well manicured lawn & landscape
- 18 Parking Spaces providing 1 space/300sf usable
- Contact Broker for CA and Offering Memorandum
Description:
Caldwell Place presents a fully occupied 5,112 SF (Rentable) office investment at 500 E Fort King St in Ocala. This two-story office building is configured for four tenants, offering a stable multi-tenant layout suited for investors seeking an established asset. Upstairs suites are accessed by private interior stairways and features attractive views and a balcony, while the property’s well-manicured landscaping adds to its professional appearance. Built in 1985 and zoned RO, the building offers individual office suites ranging from 1,136 SF to 1,230 SF totaling 4732sf usable. 2 Tenants expire mid/late 2028, 2 Tenant early/mid 2027. Only Suite B has an option to renew Lease for 2 years. $56,501 current Net Operating Income. Don't miss this opportunity to acquire this functional and appealing property! Offering Memorandum available upon completion of a Confidentiality Agreement.
On E Fort King .38 miles from Downtown. Next to Angie Lewis State Farm.
1 Space Available
C, C, 2 Building
Office space on 2nd floor with stair access only. Includes lobby, reception desk w/counter, 3 private offices, 1 workroom, small galley style sink, a conference room and a shared balcony overlooking Fort King. Water and Sewer is included in the rate. 1230sf x $20/sf gross rent = $2050/mo.
Documents:
| Title | ||
|---|---|---|
| Caldwell Place Lease Brochure | ||
| Caldwell_Place_Sale_Brochure.pdf |
Location
Gallery
